Official announcements or financial disclosures from Microsoft or CISPE

Microsoft Nears Multimillion-Euro Deal with CISPE to Settle EU Antitrust Complaint

Jun 1, 2024, 06:50 AM

Microsoft is reportedly close to finalizing a multimillion-euro deal with CISPE, a cloud industry group backed by Amazon, to drop an antitrust complaint with the European Commission. The complaint concerns Microsoft's cloud licensing practices. Sources indicate that the deal could include a substantial payment to CISPE. However, CISPE has denied that it is close to reaching any such agreement with Microsoft, Politico reports.